San Lucas Toliman Scholars
- Assets
- $432.5k
- Revenue
- $285.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Paul, MN
- Founding
- 03/2006
- Data as of
- 07/2022
- EIN
- 20-1512668
Organization Overview
San Lucas Toliman Scholars is located in Saint Paul, MN. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Lucas Toliman Scholars is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2022, San Lucas Toliman Scholars generated $285.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $278.0k during the year ending 07/2022. While expenses have increased by 4.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SAN LUCAS TOLIMÁN SCHOLARS' PRIMARY PURPOSE IS TO RAISE MONEY TO PROVIDE SCHOLARSHIPS TO POOR STUDENTS AND THEIR SCHOOLS IN THE SAN LUCAS TOLIMÁN, GUATEMALA AND NEIGHBORING COMMUNITIES. THIS FINANCIAL ASSISTANCE ALLOWS THESE STUDENTS TO CONTINUE THEIR EDUCATION AFTER PRIMARY SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SAN LUCAS TOLIMÁN SCHOLARS GAVE FINANCIAL SCHOLARSHIPS TO 1,024 NEEDY STUDENTS LIVING IN SAN LUCAS TOLIMÁN, GUATEMALA AND NEIGHBORING COMMUNITIES TO CONTINUE THEIR STUDIES AFTER ELEMENTARY SCHOOL.
THE IMPACT FROM THE COVID PANDEMIC HAS BEEN SEVERE ON OUR RECIPIENTS AND THEIR FAMILIES. SCHOOLS IMPLEMENTED REMOTE LEARNING IN 2020 AND MOVED TO HYBRID LEARNING IN 2021. THIS MEANT FAMILIES INCURRED ADDITIONAL EXPENSES FOR HYBRID LEARNING. ADDITIONAL DONATIONS WERE DISTRIBUTED TO REDUCE THE BURDEN ON THE FAMILIES.
SCHOLARSHIP RECIPIENTS SEND LETTERS TO THEIR SPONSORS. THESE LETTERS ARE TRANSLATED FROM SPANISH TO ENGLISH BY PAID TRANSLATORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Osgood Director And President | OfficerTrustee | 2 | $0 |
Janet Tetzlaff Director And Secretary | OfficerTrustee | 2 | $0 |
Cindy Swinnerton Director | Trustee | 2 | $0 |
Fred Baxter Director | Trustee | 2 | $0 |
Julie Marcotte Director And Treasurer | Trustee | 8 | $0 |
Judy Osgood Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $285,047 |
| Noncash contributions included in lines 1a–1f | $10 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $285,047 |
| Total Program Service Revenue | $0 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $285,056 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $271,494 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,807 |
| Advertising and promotion | $0 |
| Office expenses | $37 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,814 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $693 |
| All other expenses | $1,181 |
| Total functional expenses | $278,026 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $432,513 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $432,513 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $410,527 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $410,527 |
| Net assets without donor restrictions | $21,986 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $432,513 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that San Lucas Toliman Scholars has recieved totaling $20,800.
| Awarding Organization | Amount |
|---|---|
Thrivent Charitable Impact & Investing Appleton, WI PURPOSE: $4,000 FOR COMPUTE LAB AND $4,000 FOR TEXT BOOKS AT THE SCHOOL OF ELFI AND CLAUDIO | $10,800 |
Vanguard Charitable Endowment Program Southeastern, PA PURPOSE: FOR RECIPIENT'S EXEMPT PURPOSE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa Student Loan Liquidity Corp West Des Moines, IA | $1,230,053,718 | $45,688,659 |
Northstar Education Finance Inc Eagan, MN | $1,293,468,719 | $40,177,777 |
Northwestern Mutual Life Foundation Inc Milwaukee, WI | $106,326,341 | $38,353,841 |
Scholarship America Inc Minneapolis, MN | $219,130,905 | $29,933,482 |
Des Moines Golf And Country Club West Des Moines, IA | $24,329,403 | $13,657,003 |
Waitt Foundation North Sioux City, SD | $157,175,219 | $6,009,824 |
Team Makers Club Inc Fargo, ND | $24,927,572 | $16,460,437 |
Bentson Foundation Wayzata, MN | $107,689,978 | $6,021,397 |
Rsm Us Foundation Davenport, IA | $13,920,904 | $7,669,329 |
Pleasant T Rowland Foundation Brookfield, WI | $94,312,384 | $11,804,849 |
Central States Fair Rapid City, SD | $6,354,015 | $4,358,357 |
Sc Johnson Giving Inc Racine, WI | $34,098,989 | $19,343,102 |